Introduction of E-Business and Internet Technology
E-Business and Internet Technology
E-Business: E-business is also known as electronic business. It acts as an online company that operates on the Internet, web, extranet, or a mixture thereof. The process is a management-focused business, and it involves Servicing customers with the following characteristics;
- Buying and selling goods and services
- Managing production and supply chains
- Sharing information
- Processing payments
- Recruiting employees
- Collaborating with business partners and also
- Running automated employee services.
Internet Technology: A internet is an essential origin for peer-generated information. Therefore, the Internet is also a state where a locally-oriented content designer can divide statistics directly with specific customer groups that traditional news organizations have not wrapped comprehensively. Internet technologies define as the following things
- Technologies using one or more computer networks that utilize TCP/IP, IP, or other architecture.
- Multicasting technology
- Terminal servers
- Other data processing or transmission devices.
Explain E-business technology
It is a procedure that a business organization manner over a computer-mediated network. Business establishments contain any for-profit, governmental, or non-profit entity. Their procedures include
- Focused business processes.
Types of E-business
- Business-to-consumer (B2C) model.
- Business-to-business (B2B) model.
- Consumer-to-business (C2B) model.
- Consumer-to-consumer (C2C) model.
Business-to-consumer (B2C) model: In this, the buyer and seller are both business units and do not involve individual consumers. Transactions among business businesses come under this model.
Business-to-business (B2B) model: Transactions under this model exist between consumers and business firms. Therefore, this method keeps service and product rates low, and the transaction speed is even faster.
Consumer-to-business (C2B) model: In this transaction, the consumer wishes the explicit services from the business. However, it allows the buyer to estimate their prices for specific goods and services.
Consumer-to-consumer (C2C) model: It facilitates online transactions of goods and services between two people. Hence, it includes electronically enabled transactions between consumers by a third party.
The role of the Internet in E-business
The Internet plays a vital role in each side of our modern life. Whereas, Internet Technologies play an important role in business. As a business holder, the meaningful part of the net in business can support you advantage of the commanding opportunities. Thus, it suggests to grow your business and simplify operations.
The Internet plays a massive role in the progress of companies. Because, it offers businesses a chance to reach more comprehensive international Customers. Promoting through the net is also how to extend sales and get detailed growth. The firm also can develop by having an online partition.
Explain the Internet Technologies
Since, Internet Technologies is a technological ground that spreads the demanded skills to expand applications. This specialization is being provided under the Bachelor of Information Technology and also, with dual award degree from Taylor’s University and the University of the West of England, Bristol.
The ways to elaborate applications on the Internet we following requirements:
- Internet-based systems
- Harnessing e-commerce
- Web-based technologies.
Hence, Internet Technologies for e-Commerce bring a global outlook on the impact of electronic commerce on organizational development and management in establishments, discussing issues. Such as strategic organization of electronic commerce, information security; organizational learning; business process management; mediated enterprises; and also, electronic marketplaces. However, with the new visions, it brings on this rapidly developing technological and commercial field. This perceptive reference will prove a crucial addition to library collections worldwide.
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